The main professions that use financial modeling are investment banking, equity research, private equity, corporate development, financial planning & analysis (FP&A). The most common uses of financial modeling are to create a forecast, to value a company, to complete mergers and acquisitions, and to raise capital, as well as for budgeting and planning purposes. It is usually the junior people who build models and the more senior people who use models.
Below is a screenshot from one of CFI’s online analyst training and certification courses, offered 100% online.
To learn How to Build an Excel Model step-by-step, click on the image below.
CFI is the official global provider of financial modeling and valuation analyst FMVA Designation. CFI's mission is to help anyone become a world-class financial analyst and has a wide range of resources to help you along the way. In order to become a great financial analyst, below are some additional questions and answers for you to explore further: